Court of Arbitration for Sport Upholds Decision of International Olympic Committee to Suspend Russia’s Official Status The country though has another chance to appeal to the Swiss Federal Tribunal within 30 days The Court of Arbitration for Sport (CAS) has dismissed the bid of Russia to reverse the decision of the International Olympic Committee (IOC)
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Investors Approach NCLT Alleging Domination And Malpractice by Byju’s The application is yet to be registered and listed for hearing Four investors EdTech Investments, a subsidiary of Prosus NV; General Atlantic Singapore; Peak XV Partners Operations LLC; and Sofina have approached the National Company Law Tribunal (NCLT) at Bengaluru against edu-tech start-up Byju’s, alleging the
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On 5th Feb, a Single Bench (SB) of the Delhi High Court (DHC) overturned a previous order by the Controller General of Patents that had classified the “method of producing ‘protein enriched blood serum’” as a method of treatment under Section 3(i) in The Patents Act, 1970. This decision was made in the case of
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Shardul Amarchand Mangaldas & Co. advised Amber Internet Solutions on its Series A funding round Shardul Amarchand Mangaldas & Co. advised Amber Internet Solutions Private Limited on its Series A funding round led by Gaja Capital India Fund 2020 LLP. The deal value is approximately USD 21 million. The team was led by Navruz Vakil,
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Allahabad High Court: GST and Central Excise Superintendent Do Not Have Jurisdiction to Pass Order Exceeding Rs.10 lakh Directs the concerned authorities to proceed afresh in accordance with the law The Allahabad High Court has quashed the order of the Superintendent of Central Excise and the Goods and Services Tax (GST) department for lack of
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Saraf and Partners, Khaitan Acted on Indiabulls’ $445 Million Rights Issue Saraf and Partners has guided the $445 million rights issue of Indiabulls Housing Finance, with Khaitan & Co and Linklaters advising the lead manager to the issue. The lead managers were Nuvama Wealth Management Limited and InCred Capital Wealth Portfolio Managers Private Limited. Indiabulls
... Continue Reading.EVERGREENING OF LOANS – A STOP DIKTAT FROM THE REGULATOR! The regulators have not defined the contours for the term ‘ever greening’ and it is probably intentional, as there is indeed no one way to describe these transaction structures A cross advanced as well as emerging economies, financial lenders have been known to provide last
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Trilegal advised Apollo Logisolutions on the divestment of 100% of its shareholding in Kailash Shipping Services Trilegal advised Apollo Logisolutions Limited on the divestment of 100% of its shareholding in its wholly owned subsidiary Kailash Shipping Services Private Limited, which is engaged in the business of operating a container freight station and providing logistics solutions.
... Continue Reading.The Insolvency and Bankruptcy Code, 2016 (IBC) lays emphasis on an elaborate process by which a corporate insolvency resolution plan (CIRP) can be proposed, considered, decided, and approved. The principal actors involved in the process include the resolution professional, the committee of creditors (CoC) and the adjudicating authority (being the National Company Law Tribunal (NCLT)
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While not lagging behind in taking a very pragmatic, persuasive and progressive stand, we see that while ruling on a very significant legal topic, the Jammu and Kashmir and Ladakh High Court at Srinagar in a most learned, laudable, landmark, logical and latest judgment titled Mehboob Ali vs Nisar Fatima
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